This topic contains a solution. Click here to go to the answer

Author Question: If three partners set out a term in their partnership agreement that John would only be responsible ... (Read 43 times)

jman1234

  • Hero Member
  • *****
  • Posts: 560

Question 1

Partners can agree among themselves as to what portion of liability they each will bear, and their losses will be limited to that portion when being sued by outsiders.
◦ true
◦ false

Question 2

If three partners set out a term in their partnership agreement that John would only be responsible for 10 percent of any losses, yet he has to pay 100 percent of a claim because the other partners have no funds, John could seek contributions from the other partners according to the partnership agreement.
◦ true
◦ false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jman1234 on Aug 7, 2021

tkempin

  • Sr. Member
  • ****
  • Posts: 332
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly




jman1234

  • Member
  • Posts: 560
Reply 2 on: Aug 7, 2021
Thanks for the timely response, appreciate it


dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

There are more bacteria in your mouth than there are people in the world.

For a complete list of videos, visit our video library